{"id":18005,"date":"2021-09-05T14:18:56","date_gmt":"2021-09-05T11:18:56","guid":{"rendered":"https:\/\/om.mashroo3k.com\/studies\/car-rental-office\/"},"modified":"2025-04-28T20:08:23","modified_gmt":"2025-04-28T17:08:23","slug":"car-rental-office","status":"publish","type":"studies","link":"https:\/\/om.mashroo3k.com\/en\/studies\/car-rental-office\/","title":{"rendered":"Car rental office"},"content":{"rendered":" <div class=\"content-card study-summary\">\n    <!-- Grid -->\n    <div class=\"row no-gutter\">\n        <!-- Media -->\n        <div class=\"col-12 col-m-5\">\n                    <a href=\"#\" data-title=\"Car rental office\" class=\"responsive-element media-element \" data-src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2021\/09\/\u062f\u0631\u0627\u0633\u0629-\u0627\u0644\u062c\u062f\u0648\u0649-\u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629-\u0644\u0645\u0631\u0643\u0632-\u0639\u0646\u0627\u064a\u0629-\u0627\u0644\u0633\u064a\u0627\u0631\u0627\u062a-\u0628\u0627\u0633\u062a\u062b\u0645\u0627\u0631-106\u0623\u0644\u0641-\u062f\u0648\u0644\u0627\u0631.jpg\"><\/a>\n        <\/div>\n        <!-- Content -->\n        <div class=\"col-12 col-m-7 rich-content\">\n            <h2>Car rental office<\/h2>\n                        <p>Mashroo3k  Consulting Company provides a feasibility study for a car rental office project in the Sultanate of Oman, with the highest profit returns and the best payback period, through a series of precise studies of the real estate market in the Sultanate of Oman, competitor strategy analysis, and competitive pricing offers.<\/p>\n            <p><\/p>\n        <\/div>\n        <!-- Info Bar -->\n        <div class=\"col-12 col-m-7 info-bar flexbox\">\n            <!-- Item -->\n            <h3 class=\"info-item col-auto\">Capital <strong data-counter=\"400000\" data-sign=\" OMR\"><\/strong><\/h3>            <!-- Item -->\n            <h3 class=\"info-item col-auto\">Rate of return <strong data-counter=\"73\" data-sign=\"%\"><\/strong><\/h3>            <!-- Item -->\n                        <!-- Item -->\n                        <!-- Item -->\n                        <!-- Item -->\n            <h3 class=\"info-item col-auto\">Recovery period <strong >Second year<\/strong><\/h3>        <\/div>\n        <!-- Info Bar -->\n    <\/div>\n    <!-- \/\/ Grid -->\n<\/div>\n\n\n\n<div class=\"wp-block-tornado-components-project alignfull content-card study-subjects\"><div class=\"row row-reverse\"><div class=\"col-12 col-m-5\"><img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2021\/09\/\u062f\u0631\u0627\u0633\u0629-\u0627\u0644\u062c\u062f\u0648\u0649-\u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629-\u0644\u0645\u0631\u0643\u0632-\u0639\u0646\u0627\u064a\u0629-\u0627\u0644\u0633\u064a\u0627\u0631\u0627\u062a-\u0628\u0627\u0633\u062a\u062b\u0645\u0627\u0631-106\u0623\u0644\u0641-\u062f\u0648\u0644\u0627\u0631-1.jpg\" alt=\"\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-7 rich-content\"><h2><\/h2><p class=\" desc1\">The car rental office relies on a spacious area equipped to showcase a wide variety of the latest car models. A car rental office is considered one of the essential service projects, especially for tourists arriving from various countries around the world to the Sultanate of Oman. Recent statistics indicate a growing influx of tourists to Oman, making the car rental office project one of the promising ventures in Oman, offering high profitability and the best payback period.&lt;br>Mashroo3k Consultancy provides investors interested in the car rental business in Oman with a range of specialized feasibility studies based on up-to-date databases specific to the Omani market. This ensures the success of the project and the achievement of the highest profitability and the best payback period.<\/p><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-tornado-components-project alignfull content-card study-subjects\"><div class=\"row row-reverse\"><div class=\"col-12 col-m-5\"><img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2021\/09\/%D8%AF%D8%B1%D8%A7%D8%B3%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%88%D9%89-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%84%D9%85%D8%B1%D9%83%D8%B2-%D8%B9%D9%86%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-106%D8%A3%D9%84%D9%81-%D8%AF%D9%88%D9%84%D8%A7%D8%B1.jpg\" alt=\"Project services\" class=\"fluid\"><\/div><div class=\"col-12 col-m-7 rich-content\"><h2>Project services<\/h2><ul class=\"checklist half-space chelist\"><li>Car rental services for various types of vehicles<\/li><\/ul><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-tornado-project-justifications alignfull content-card study-benifites\"><div class=\"row \"><div class=\"col-12 col-m-4\"><img decoding=\"async\" src=\"https:\/\/mashroo3k.com\/newweoryx\/wp-content\/uploads\/2019\/12\/01.png\" alt=\"Why mashroo3k ?\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Why mashroo3k ?<\/h2><ul class=\"chelist\"><li> <a href=\"https:\/\/mashroo3k.com\/?__hstc=74867789.2f3f33a24b44870ec4a577029c49e44b.1728259200242.1728259200243.1728259200244.1&amp;__hssc=74867789.1.1728259200245&amp;__hsfp=868907044\" target=\"_blank\" rel=\"noreferrer noopener\">Mashroo3k <\/a>has over 11 years of experience in preparing feasibility studies, market research, and providing a wide range of consulting services, including administrative, economic, financial, and others.<br\/><\/li><li>Mashroo3k has offices in 7 international branches, located in <a href=\"\" target=\"\" rel=\"\">Saudi Arabia,<\/a> <a href=\"\" target=\"\" rel=\"\">the UAE<\/a>, <a href=\"\" target=\"\" rel=\"\">Egypt<\/a>, <a href=\"\" target=\"\" rel=\"\">Qatar<\/a>, <a href=\"\" target=\"\" rel=\"\">Oman<\/a>, <a href=\"\" target=\"\" rel=\"\">Yemen<\/a>, and <a href=\"\" target=\"\" rel=\"\">Iraq<\/a>, in addition to its agents in China, Singapore, and other countries.<br\/><\/li><li>Mashroo3k has provided over 7,000 services and feasibility studies, helping thousands of clients achieve their investment goals.<\/li><li>Mashroo3k&#8217;s services are accredited and trusted by all financial institutions and entities in the Middle East.<\/li><li>Mashroo3k&#8217;s service coverage extends to 35 countries across all continents.<br\/><\/li><li>Mashroo3k is a member of over 100 prestigious international institutions specializing in market research and business management.<\/li><li>Mashroo3k&#8217;s team consists of 350 consultants with extensive knowledge of economic sector indicators and opportunities. Thanks to the diversity of their expertise, they ensure effective solutions and strategies.  <\/li><li>Mashroo3k is contracted with over 10,200 suppliers in 22 countries to support projects logistically with production lines, raw materials, machinery, equipment, and similar resources.<br\/><\/li><li>Mashroo3k possesses a vast database that enhances the accuracy of its predictions and analyses, as well as its ability to manage risks effectively.<\/li><\/ul><\/div><\/div><\/div>\n\n\n<!-- Study Benifites -->\n<div class=\"content-card study-benifites tabs\">\n    <!-- Tabs Menu -->\n    <ul class=\"tabs-menu head\">\n                <li data-tab=\"tab-1\">Project Features<\/li>                <li data-tab=\"tab-2\">Study Contents<\/li>                <li data-tab=\"tab-3\">Sector Indicators<\/li>                <li data-tab=\"tab-4\">The Project as an Investment Opportunity<\/li>    <\/ul>\n    <!-- Tabs Wraper -->\n    <div class=\"tabs-wraper\">\n        <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-1\">\n            <!-- Grid -->\n            <div class=\"row row-reverse\">\n                <!-- Media -->\n                <div class=\"col-12 col-m-4\">\n                    <img decoding=\"async\" src=\"https:\/\/om.mashroo3k.com\/wp-content\/uploads\/2021\/12\/\u0648\u0643\u0627\u0644\u0629-\u0633\u064a\u0627\u0631\u0627\u062a.png\" alt=\"\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0642\u0637\u0627\u0639\" class=\"fluid\">\n                <\/div>\n                <!-- Content -->\n                <div class=\"col-12 col-m-8 rich-content\">\n                    <ul>\r\n<li><span>Modern car models, with the best luxury options. <\/span><\/li>\r\n<li><span>A team of skilled drivers for various types of contracts. <\/span><\/li>\r\n<li><span>A high-level management team to oversee all procedural details. <\/span><\/li>\r\n<li><span>Electronic payment and renewal services.<\/span><\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-2\">\n            <!-- Grid -->\n            <div class=\"row\">\n                <!-- Content -->\n                <div class=\"col-12 col-m-6 rich-content\">\n                    <p dir=\"ltr\"><strong>Executive summary<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>About the project.<\/li>\r\n<li>Financial indicators.<\/li>\r\n<li>Justifications for establishing the project.<\/li>\r\n<li>Government investment incentives in the project field.<\/li>\r\n<li>Target markets.<\/li>\r\n<li>Indicators and final results of the project.<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>Study of project services\/products<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>Description of the project and all its products\/services.<\/li>\r\n<li>Project features and production requirements.<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>Market Size Analysis.<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>Familiarity with distribution channels.<\/li>\r\n<li>Consumer behavior, desires and nature.<\/li>\r\n<li>Competitors&#8217; products\/services, and what their strengths and weaknesses are.<\/li>\r\n<li>The nature and characteristics of the market.<\/li>\r\n<li>The volume of demand for the product or service offered.<\/li>\r\n<li>Available share of the target market.<\/li>\r\n<li>The best way to market.<\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n                <!-- Content -->\n                <div class=\"col-12 col-m-6 rich-content\">\n                    <article class=\"w-full scroll-mb-[var(--thread-trailing-height,150px)] text-token-text-primary focus-visible:outline-2 focus-visible:outline-offset-[-4px]\" dir=\"auto\" data-testid=\"conversation-turn-50\" data-scroll-anchor=\"false\">\r\n<div class=\"m-auto text-base py-[18px] px-3 md:px-4 w-full md:px-5 lg:px-4 xl:px-5\">\r\n<div class=\"mx-auto flex flex-1 gap-4 text-base md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\r\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col\">\r\n<div class=\"flex-col gap-1 md:gap-3\">\r\n<div class=\"flex max-w-full flex-col flex-grow\">\r\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"user\" data-message-id=\"aaa21609-bfa6-46a6-a996-cb4b7556c881\"><strong>Technical Study<\/strong><\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/article>\r\n<article class=\"w-full scroll-mb-[var(--thread-trailing-height,150px)] text-token-text-primary focus-visible:outline-2 focus-visible:outline-offset-[-4px]\" dir=\"auto\" data-testid=\"conversation-turn-51\" data-scroll-anchor=\"true\">\r\n<div class=\"m-auto text-base py-[18px] px-3 md:px-4 w-full md:px-5 lg:px-4 xl:px-5\">\r\n<div class=\"mx-auto flex flex-1 gap-4 text-base md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\r\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn\">\r\n<div class=\"flex-col gap-1 md:gap-3\">\r\n<div class=\"flex max-w-full flex-col flex-grow\">\r\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"cbb983b8-45fe-4f7a-a6e9-9dc4a0f0600f\" data-message-model-slug=\"gpt-4o-mini\">\r\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\r\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\r\n<ul>\r\n<li>Detailed description of the project&#8217;s products.<\/li>\r\n<li>Expected production capacity.<\/li>\r\n<li>Identification of investment costs.<\/li>\r\n<li>Determination of electricity and water requirements.<\/li>\r\n<li>Identification of the project&#8217;s labor needs.<\/li>\r\n<li>Identification of the project&#8217;s supplies.<\/li>\r\n<li>Calculation of construction and building costs.<\/li>\r\n<li>Calculation of total capital.<\/li>\r\n<li>Determination of annual operating costs.<\/li>\r\n<li>Determining the working capital.<\/li>\r\n<\/ul>\r\n<p><strong>Financial Study<\/strong><\/p>\r\n<ul>\r\n<li>Total investment costs required for the project.<\/li>\r\n<li>Organization of cash flow statements, income statements, and balance sheets for the first ten years of operation.<\/li>\r\n<li>Estimation of expected annual revenues in light of defined operational capacities.<\/li>\r\n<li>Optimal financing structure for the project based on investors&#8217; capabilities and funding conditions.<\/li>\r\n<li>Financial indicators for the project and sensitivity analysis.<\/li>\r\n<\/ul>\r\n<p><strong>Organizational and Administrative Study<\/strong><\/p>\r\n<ul>\r\n<li>Workforce for the project.<\/li>\r\n<li>Organizational structure.<\/li>\r\n<li>Job responsibilities.<\/li>\r\n<\/ul>\r\n<p><strong>Risk Study<\/strong><\/p>\r\n<ul>\r\n<li>Identification of risks.<\/li>\r\n<li>Impact of risks on the project.<\/li>\r\n<li>Risk prevention methods.<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div class=\"mb-2 flex gap-3 empty:hidden -ml-2\">\r\n<div class=\"items-center justify-start rounded-xl p-1 flex\">\u00a0<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/article>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-3\">\n            <!-- Grid -->\n            <div class=\"row row-reverse\">\n                 <!-- Media -->\n                 <div class=\"col-12 col-m-4\">\n                    <img decoding=\"async\" src=\"https:\/\/om.mashroo3k.com\/wp-content\/uploads\/2021\/09\/\u0627\u0644\u0642\u0637\u0627\u0639-\u0627\u0644\u062e\u062f\u0645\u064a-2.jpg\" alt=\"\u0627\u0644\u0645\u0634\u0631\u0648\u0639 \u0643\u0641\u0631\u0635\u0629 \u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629\" class=\"fluid\">\n                <\/div>\n                <!-- Content -->\n                <div class=\"col-12 col-m-8 rich-content\">\n                    <p dir=\"ltr\"><strong>The Service Sector in the Gulf Cooperation Council (GCC) Countries<\/strong><\/p>\r\n<p dir=\"ltr\">According to macroeconomic sector theory, the economy is divided into three main sectors:<\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>The <strong>first sector<\/strong> involves the extraction of raw materials and includes mining companies, logging companies, oil exploration firms, agricultural industries, and fishing activities.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The <strong>second sector<\/strong> is focused on goods production and sales, such as the automotive industry, furniture manufacturing, clothing trade, and similar activities.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The <strong>third sector<\/strong>, known as the <strong>&#8220;services sector,&#8221;<\/strong> is responsible for providing and producing services, primarily relying on intangible elements such as entertainment, healthcare, transportation, hospitality, and restaurants.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\">The theory suggests that as countries become more developed, their economies increasingly rely on the third sector, in contrast to less-developed countries that depend largely on the first sector. (For example, the services sector accounts for approximately 85% of the U.S. economy.)<\/p>\r\n<p dir=\"ltr\"><strong>Saudi Arabia:<\/strong><\/p>\r\n<p dir=\"ltr\">The service sector in Saudi Arabia is highly significant, encompassing: wholesale and retail trade, restaurants and hotels, transportation, storage, information and communications, financial services, insurance, real estate, business services, social, community, and personal services, as well as government services. Key indicators of the sector include:<\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>The service sector contributes approximately <strong>48.2%<\/strong> to Saudi Arabia\u2019s GDP.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The &#8220;wholesale and retail trade, restaurants, and hotels&#8221; segment accounts for <strong>10.8%<\/strong> of the GDP.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The &#8220;transportation, storage, information, and communications&#8221; segment contributes <strong>6.6%<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The &#8220;financial services, insurance, real estate, and business services&#8221; segment represents <strong>6.4%<\/strong> of the GDP.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The &#8220;community, social, and personal services&#8221; segment contributes <strong>2.5%<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Government services contribute <strong>21.9%<\/strong> to the GDP.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Saudi Arabia issued <strong>100,944<\/strong> new commercial licenses last year, raising the total number to <strong>348,173<\/strong> licenses.<\/p>\r\n<ul>\r\n<li>\r\n<p>Wholesale and retail trade and vehicle\/motorcycle repair accounted for the largest share with <strong>48,242<\/strong> licenses.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Accommodation and food services followed with <strong>16,531<\/strong> licenses.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Construction ranked third with <strong>11,521<\/strong> licenses.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>Qatar:<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>The wholesale and retail trade sector is valued at approximately <strong>50,083 million Qatari Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>There are <strong>11,139<\/strong> establishments in the wholesale and retail sector, employing <strong>213,954<\/strong> workers.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Employee compensation in the wholesale and retail sector reached <strong>11,288,877 thousand Qatari Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The hotel and restaurant sector consists of <strong>2,396<\/strong> establishments with <strong>78,194<\/strong> employees, and total compensation of <strong>2,947,431 thousand Qatari Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Mobile phone subscribers (standard subscriptions) reached <strong>976,015<\/strong>, and prepaid service subscribers reached <strong>2,941,556<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Newly paved roads in Qatar last year covered <strong>2,224 kilometers<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p><strong>242,923<\/strong> new driving licenses were issued.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Compensation in the transport and communications sector totaled <strong>24,338,223 thousand Qatari Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p><strong>715,897<\/strong> insurance policies were issued last year.<\/p>\r\n<\/li>\r\n<li>\r\n<p>There are <strong>4,973<\/strong> business services establishments employing <strong>215,285<\/strong> workers, with compensation exceeding <strong>15,347,819 thousand Qatari Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p><strong>80,569<\/strong> individuals work in the social and personal services sector within the private sector, with total compensation estimated at <strong>6,127,645 thousand Qatari Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>Kuwait:<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>Wholesale and retail trade contributes approximately <strong>1,644.3 million Kuwaiti Dinars<\/strong> to the GDP.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Restaurants and hotels contribute around <strong>418.6 million Kuwaiti Dinars<\/strong> to the GDP.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The transport, storage, and communications sector contributes approximately <strong>2,554.5 million Kuwaiti Dinars<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The total area of paved roads in Kuwait is <strong>91,340,068 square meters<\/strong>.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>United Arab Emirates (UAE):<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>Wholesale and retail trade and motor vehicle repair account for <strong>12.3%<\/strong> of the GDP (<strong>172,288 million Dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p>The transportation and storage sector contributes <strong>5.9%<\/strong> (<strong>82,461 million Dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p>Accommodation and food services contribute <strong>2.3%<\/strong> (<strong>32,357 million Dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p>The information and communications sector contributes <strong>2.9%<\/strong> (<strong>41,347 million Dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p>Financial activities and insurance contribute <strong>9.6%<\/strong> (<strong>134,773 million Dirhams<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p><strong>7,584,607<\/strong> insurance policies were issued by the end of last year.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Wholesale and retail trade accounts for <strong>13%<\/strong> of the total workforce in the UAE.<\/p>\r\n<\/li>\r\n<li>\r\n<p>The transportation and storage sector employs <strong>6.2%<\/strong> of the total workforce, while accommodation and food services employ around <strong>5%<\/strong>.<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>Oman:<\/strong><\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>Oman\u2019s GDP stands at <strong>29.3 billion Omani Riyals<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>Wholesale and retail trade contribute <strong>7%<\/strong> to the GDP (<strong>2,064.7 million Omani Riyals<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p>The restaurant and hotel sector contributes <strong>1.1%<\/strong> (<strong>308.6 million Omani Riyals<\/strong>).<\/p>\r\n<\/li>\r\n<li>\r\n<p>Transport, storage, and communications contribute approximately <strong>5.9%<\/strong> (<strong>1,721.2 million Omani Riyals<\/strong>).<\/p>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><strong>Global Service Sector:<\/strong><\/p>\r\n<p dir=\"ltr\">The service sector is the largest contributor to global GDP, accounting for more than three-fifths of total output. Unlike manufacturing industries that produce tangible goods like automobiles and furniture, the service sector revolves around intangible services such as banking, healthcare, transportation, hospitality, and entertainment.<\/p>\r\n<ul dir=\"ltr\">\r\n<li>\r\n<p>The global service sector was valued at approximately <strong>USD 10,814.49 billion<\/strong> in 2020.<\/p>\r\n<\/li>\r\n<li>\r\n<p>It rose to about <strong>USD 11,780.11 billion<\/strong> in 2021, achieving a compound annual growth rate (CAGR) of <strong>8.9%<\/strong>.<\/p>\r\n<\/li>\r\n<li>\r\n<p>After recovering from the COVID-19 pandemic, experts project that the sector\u2019s value will reach <strong>USD 15,683.84 billion<\/strong> by 2025, with an expected CAGR of <strong>7%<\/strong> over the coming years.<\/p>\r\n<\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- Tab Content -->\n                <div class=\"tab-content\" id=\"tab-4\">\n            <!-- Grid -->\n            <div class=\"row\">\n                <!-- Media -->\n                <div class=\"col-12 col-m-4\">\n                    <img decoding=\"async\" src=\"https:\/\/om.mashroo3k.com\/wp-content\/uploads\/2021\/09\/\u0627\u0644\u0642\u0637\u0627\u0639-\u0627\u0644\u062e\u062f\u0645\u064a-3.jpg\" alt=\"\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0645\u0634\u0631\u0648\u0639\" class=\"fluid\">\n                <\/div>\n                <!-- Content -->\n                <div class=\"col-12 col-m-8 rich-content\">\n                    <ul>\r\n<li>&#8220;Mashroo3k&#8221; Consulting Company recommends investing in the service industry, as its contribution to global GDP increased from 62.8% in 2010 to 65.7% in 2020. According to World Bank data, the sector&#8217;s contribution to global GDP is expected to rise to 69.6% by 2030.<\/li>\r\n<\/ul>                <\/div>\n                <!-- \/\/ Content -->\n            <\/div>\n            <!-- \/\/ Grid -->\n        <\/div>\n                <!-- \/\/ Tab Content -->\n    <\/div>\n    <!-- \/\/ Tabs Wraper -->\n<\/div>\n<!-- \/\/ Study Subjects -->\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":18006,"template":"","studies-categories":[57],"studies-tags":[920,921],"yst_prominent_words":[],"class_list":["post-18005","studies","type-studies","status-publish","has-post-thumbnail","hentry","studies-categories-service-and-commercial-sector","studies-tags-car-rental-office","studies-tags-car-rental-office-in-the-sultanate-of-oman"],"_links":{"self":[{"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/18005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies"}],"about":[{"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/types\/studies"}],"version-history":[{"count":3,"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/18005\/revisions"}],"predecessor-version":[{"id":18112,"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies\/18005\/revisions\/18112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/media\/18006"}],"wp:attachment":[{"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/media?parent=18005"}],"wp:term":[{"taxonomy":"studies-categories","embeddable":true,"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies-categories?post=18005"},{"taxonomy":"studies-tags","embeddable":true,"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/studies-tags?post=18005"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/om.mashroo3k.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=18005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}